2-bed · 1,376 sqftCayan Tower, Dubai Marina · 35th floor · completed 2013

3508, Cayan Tower

Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3508 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 2.06M15 April 2014
Current rentAED 165K /yr26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3508, Cayan Tower

What is 3508 worth today?

Last sold for AED 2,063,340 in 2014

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26 Apr 2024RentedRenewal
AED 165,000/yr12 months · AED 120 per sqft
26 Apr 2023RentedRenewal
AED 135,000/yr12 months · AED 98 per sqft
26 Apr 2020RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
26 Apr 2019RentedRenewal
AED 135,000/yr12 months · AED 98 per sqft
12 Mar 2015RentedNew contract
AED 180,000/yr12 months · AED 131 per sqft
15 Apr 2014SoldReady
AED 2,063,340AED 1,499 per sqft
29 May 2012SoldOff-plan
AED 2,150,000AED 1,562 per sqft
15 Apr 2009Sold by developerOff-plan
AED 2,063,340AED 1,499 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
2-bed apartment
Size
1,376 sqft
Floor
35th of 73
Parking
B2-244
Developer
Cayan Real Estate Investment & Development
Completed
2013
Service charge
AED 29,500 /yr
Last sold
AED 2.06M · April 2014
Building
Cayan Tower

About 3508, Cayan Tower

3508 is a two-bedroom apartment of 1,376 sqft on the 35th floor of Cayan Tower, a 73-storey tower in Dubai Marina completed in 2013 by Cayan Real Estate Investment & Development. It last sold on 15 April 2014 for AED 2,063,340, or AED 1,499 per sqft, 10% above the AED 1,361 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 26 April 2024, is AED 165,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 29,500 a year.

Sales and rents for 3508 over time

Sales
Unit 3508, each saleTypical two-bed in Cayan Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,870,560; 2010 AED 1,637,378; 2011 AED 1,798,780; 2012 AED 1,723,322; 2013 AED 1,798,780; 2014 AED 2,225,000; 2015 AED 2,350,000; 2016 AED 2,715,448; 2017 AED 2,300,000; 2018 AED 2,000,000; 2019 AED 1,800,000; 2020 AED 1,235,000; 2021 AED 1,625,000; 2022 AED 1,925,000; 2023 AED 2,350,000; 2024 AED 2,537,500; 2025 AED 2,660,000; 2026 AED 2,875,000Sold by developer, April 2009: AED 2,063,340 (AED 1,499 per sqft)Sold, May 2012: AED 2,150,000 (AED 1,562 per sqft)Sold, April 2014: AED 2,063,340 (AED 1,499 per sqft)

3508 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3508, each contractTypical two-bed in Cayan Tower
100K150K2013201720212025Typical rent by year: 2013 AED 177,500; 2014 AED 168,500; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 108,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 162,750; 2026 AED 156,000New contract, March 2015: AED 180,000 a yearRenewal, April 2019: AED 135,000 a yearRenewal, April 2020: AED 110,000 a yearRenewal, April 2023: AED 135,000 a yearRenewal, April 2024: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Cayan Tower, and where 3508 sits

All 197 2-beds →

3508 last sold in April 2014 at AED 1,499 per sqft, 10% above what two-beds in Cayan Tower were fetching at the time (AED 1,361). Over the last 12 months two-beds sold for AED 2,475,000 to 3,150,000, around AED 2,061 per sqft, and rent for AED 90,000 to 265,000 a year. 3508's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20263,150,000
20 Jan 20262,875,000
9 Jan 20262,800,000
29 Dec 20252,614,000
6 2-bed sales in the last 12 months

Cayan Tower

Building

495 apartments, studios to 3-bed over 73 floors in Dubai Marina, completed in 2013 by Cayan Real Estate Investment & Development. 16 sold in the last 12 months.

Typical price per sqft
AED 2,169 Up 7.3%
Typical sale
AED 2.54M
Typical rent
AED 138K /yr
Typical yield
6.4%
Cayan Tower, Dubai Marina: prices, sales and rents →

Other units on the 35th floor

All 495 units in Cayan Tower
Value
35012-bedAED 2.4M · Jul 2024
35022-bedAED 1.72M · Jan 2019
35032-bedAED 1.68M · Oct 2013
3504AED 2.32M · Nov 2025
35052-bedAED 1.6M · Nov 2014
35061-bedAED 1.97M · Jun 2015
35071-bedAED 1.38M · Apr 2014
1–7 of 8

3508, Cayan Tower in numbers

  • Sold 3 times: first on 15 April 2009 for AED 2,063,340, last on 15 April 2014 for AED 2,063,340 (AED 1,499 per sqft).
  • Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 110,000 in 2020 and recovered to AED 165,000 by April 2024.
  • At AED 165,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 29,500 a year (AED 21.43 per sqft).
  • Two-beds in Cayan Tower sold for AED 2,475,000–3,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,169 per sqft.

Source: Dubai Land Department. Updated 26 April 2024.

Questions about 3508, Cayan Tower

What did unit 3508 last sell for?

AED 2,063,340 on 15 April 2014: AED 1,499 per sqft for 1,376 sqft. The unit has 3 registered sales; the first was AED 2,063,340 in April 2009.

What is the rent for unit 3508?

AED 165,000 a year on the contract renewed on 26 April 2024. The previous contract, from April 2023, was AED 135,000; the unit has been rented since March 2015.

How big is unit 3508?

1,376 sqft (127.8 sqm): a two-bedroom apartment on the 35th floor of a 73-storey tower completed in 2013.

What is unit 3508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Cayan Tower sold for AED 2,475,000 to 3,150,000 in the last 12 months, around AED 2,061 per sqft.

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Mortgage on 3508, Cayan Tower

Starts from the last sale price (AED 2.06M, 15 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,063,340
Deposit, UAE resident (20%)
AED 412,668
Deposit, non-resident (40%)
AED 825,336
Monthly over 25 years at 3.7%
AED 8,442

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →